Short-Term Capital Gains Tax
Short-term capital gains tax is the the tax rate for assets that have appreciated in value and have been held for less than one year.
What are short term capital gains?
Whenever you sell an investment security, taxes are owed. For investments that have been held less than one year, these will be taxed at the short term capital gains rate, which is typically the same level as your ordinary income tax.
How can you avoid short term capital gains?
Unfortunately, you cannot avoid paying this tax. To fully understand your personal tax options, we recommend speaking with a qualified tax advisor.
